Day to day discussions on S/P, page-15546

Yeah there is oversupply right now but let’s be honest, the EV boom hasn’t even begun..

There is huge value in PLS at these levels when you think about the combined earnings potential over the next 20 years and dividends etc.

If you buy a house in a suburb and you can’t find renters for a few months your house doesnt then just plunge in value as a result (PLS right now). You wait for more people to move into the area and then you’ll get your income.. EV manufacturers are moving on in and the income will come.

NPV is calculated at over 3 billion based on cash flows from the resource so it’s looking pretty attractive to me.

Markets are irrational, this creates fear and provides opportunity.

This can still get cheaper obviously.. I never thought we’d be back down into the 20’s so I’m quite surprised but anything can happen in markets.. anything.. Never forget that

The PLS resource has significant value regardless of what the share price is currently.